Seeking Alpha
 

Global X Uranium ETF (URA)

- NYSEARCA
  • Jan. 16, 2013, 2:49 PM
    Among the Fission Energy assets being acquired by Denison (DNN +3.4%) is a 60% stake in the Waterbury Lake uranium project, part of a deposit attached to Rio Tinto’s (RIO -1.9%) Roughrider deposit - which Cantor Fitzgerald says "ties a neat bow on top of Denison for a potential takeout offer" from RIO. The analyst also considers Cameco (CCJ -1.2%) a potential source of a competing offer for Fission.
    | Comment!
  • Jan. 14, 2013, 8:22 AM
    Canadian miner Uranium One (SXRZF.PK) strikes a deal to sell itself to its controlling Russian shareholder AMRZ, which already owns 51.4% of shares, for $1.3B. Uranium One’s flagship assets are in Kazakhstan, where Russia is a key investor.
    | Comment!
  • Aug. 27, 2012, 7:46 AM
    BHP continues to play defense, selling its Australian uranium assets to Cameco (CCJ) for $430M. "We can't pursue all of the growth operations that are before us," says a BHP spokesman. Cameco, on the other hand, has a more optimistic outlook for uranium in the wake of Fukushima than does BHP. (PR)
    | 1 Comment
URA vs. ETF Alternatives
URA Description
The Global X Uranium ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Uranium Index.
See more details on sponsor's website
ETF Hub
Find the right ETFs for your portfolio: Seeking Alpha's new ETF Hub